Mortgage - Home Mortgage, Mortgage Loans, Rates, Calculators, Mortgage Brokers, Credit, Landers  

Go Back   Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How

Residents of this Calif. community drowning debt

This is a discussion on Residents of this Calif. community drowning debt within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; 1 Comment, last updated on Thursday Nov 13 by Bruce More... (Source: Topxi.com) ...


Google Ads
Advertisement

Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 11-13-2008, 10:45 AM
Administrator
 
Join Date: Oct 2007
Posts: 44,600
Your Earnings US $: 186,891.30
How To Earn By Posting?
Default Residents of this Calif. community drowning debt

1 Comment, last updated on Thursday Nov 13 by Bruce

More...

(Source: Topxi.com)
Reply With Quote

Tags
calif, community, debt, drowning, residents


Similar Threads
Thread Thread Starter Forum Replies Last Post
Homeowners `drowning' in 6 states Administrator Mortgage Know-How 0 11-01-2008 03:27 AM
Drowning in the bailout Administrator Mortgage Know-How 0 10-05-2008 03:02 PM
Most homeowners aren't drowning in debt Administrator Mortgage Know-How 0 07-20-2008 07:47 PM
Super Tuesday in a drowning nation Administrator Credit Problems and Repair 0 02-04-2008 07:22 PM
Drowning in Debt? Administrator Credit Problems and Repair 0 01-12-2008 06:24 AM


Bookmark this thread
Share |

Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Discussion Residents of this Calif. community drowning debt in printable format

All times are GMT. The time now is 09:03 AM.


Loans & Mortgage Forum :: Register :: Members :: Statistics :: Rules :: Help :: Contact :: Archive